Global Trade Alert
Global Trade Alert

South Africa: SA Steel Mills (Pty) Ltd secures ZAR 404 million from IDC

Announcement

15 Jun 2022

In June 2022, the Industrial Development Corporation of South Africa (IDC) provided ZAR 404 million (approximately USD 21.29 million) in state aid to SA Steel Mills (Pty) Ltd. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

15 Jun 2022

Revocation date:

No revocation date

State aid, unspecified In force

On 15 June 2022, the Industrial Development Corporation of South Africa (IDC) provided ZAR 404 million (approximately USD 21.29 million) in state aid to SA Steel Mills (Pty) Ltd. The IDC disclosed the...

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